Spec Home Funding – Home Construction Loan Lender

With construction spending in the US rising to its highest level in nearly 5 years there is a higher demand for new homes, which in turn leads to builders looking for quicker, more reliable funding than traditional bank lending. Because of that, Halo Capital’s aim is fill the gap left by banks in this area! Closings in as little as 7 days. Don’t trust your construction loans to your banker, let a lender that actually lends money fund your next construction project.

We can even roll your rehab/construction loan into a long term, 30 year loan!

Home Construction Loan Program

• 10 day closings • Same day decisions • If you own the land, that will be considered your skin in the deal • We lend up to 70% of lot purchase and 90% of the construction costs. • Rates from 8.99%-12.00% • 1st time builders OK • Loan amounts from 100k – 3m (125k in NY State) • Larger loans considered case by case
* In most cases we can get you some cash out